News: Northern New England
Posted: August 5, 2022
Overdeput of Colliers sells Granite Hill Shoppes & Office Park for $5 million
Hooksett, NH Colliers brokered the investment sale of Granite Hill Shoppes & Office Park, a 100% occupied multi-tenant retail/office plaza consisting of three interconnected buildings at 1461 Hooksett Rd.
Hugo Overdeput, of Colliers’ Manchester office, represented the seller, Kassas Real Estate Development, Inc, in the sale of the 30,000 s/f retail/office plaza with almost 500 feet of frontage on Rte. 3A.
Hobart Hare, of Horvath & Tremblay, represented the Florida-based buyer in the 1031 exchange. According to the Merrimack County Registry of Deeds, the sale price was $5 million.
Granite Hill Shoppes is home to tenants such as Edward Jones, State Farm Insurance, Bavaria German Restaurant, Granite Tapas & Cocktail Lounge, Bitesize Café & Bakery, and Sol Beso Salon.
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